Can I retire at age 42 with 825,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator

About Your Retirement ?

Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:

Portfolio ?

% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $825,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$68,128$67,521$66,929$66,351$65,787$64,591
2 years$33,727$33,098$32,490$31,899$31,327$30,126
3 years$22,261$21,630$21,023$20,438$19,875$18,707
4 years$16,529$15,900$15,299$14,725$14,175$13,049
5 years$13,091$12,466$11,873$11,310$10,776$9,694
6 years$10,800$10,180$9,595$9,045$8,526$7,491
7 years$9,164$8,549$7,974$7,436$6,934$5,946
8 years$7,938$7,328$6,762$6,238$5,753$4,810
9 years$6,984$6,380$5,824$5,313$4,845$3,948
10 years$6,222$5,624$5,078$4,580$4,128$3,276
11 years$5,599$5,007$4,470$3,986$3,550$2,742
12 years$5,080$4,494$3,967$3,496$3,076$2,311
13 years$4,641$4,061$3,545$3,087$2,683$1,959
14 years$4,265$3,691$3,185$2,740$2,352$1,668
15 years$3,940$3,372$2,875$2,444$2,071$1,426
16 years$3,655$3,094$2,607$2,188$1,830$1,223
17 years$3,404$2,849$2,372$1,966$1,623$1,051
18 years$3,182$2,633$2,166$1,772$1,443$906
19 years$2,983$2,440$1,982$1,601$1,286$783
20 years$2,804$2,267$1,819$1,450$1,149$677
21 years$2,642$2,112$1,674$1,316$1,028$586
22 years$2,496$1,972$1,542$1,196$921$508
23 years$2,362$1,844$1,424$1,090$827$441
24 years$2,239$1,728$1,317$994$743$384
25 years$2,127$1,621$1,220$908$669$334
26 years$2,023$1,524$1,131$830$603$290
27 years$1,928$1,434$1,051$760$543$253
28 years$1,839$1,351$977$696$490$220
29 years$1,756$1,275$909$638$443$192
30 years$1,679$1,204$847$586$400$167
31 years$1,608$1,138$789$538$362$146
32 years$1,540$1,077$736$494$327$127
33 years$1,477$1,020$688$455$296$111
34 years$1,418$967$642$418$268$97
35 years$1,363$917$601$385$243$85
36 years$1,310$870$562$355$220$74
37 years$1,261$826$526$327$199$65
38 years$1,214$785$492$301$181$56
39 years$1,170$747$461$278$164$49
40 years$1,128$711$432$256$149$43
41 years$1,088$676$406$236$135$38
42 years$1,050$644$380$218$122$33
43 years$1,014$614$357$201$111$29
44 years$980$585$335$186$101$25
45 years$948$558$315$172$92$22
46 years$917$532$295$159$83$19
47 years$887$508$278$147$75$17
48 years$859$485$261$135$69$15
49 years$831$463$245$125$62$13
50 years$805$442$231$116$57$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $825,000, adding $3,320 every year, while hoping to spend $54,167 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 61/29/10 Blend
41$825,000$825,000$825,000$825,000
42$912,575$868,850$856,062$965,964
43$948,024$853,790$827,107$987,092
44$985,274$836,177$795,366$1,003,638
45$1,024,450$815,828$760,690$1,020,349
46$1,065,691$792,551$722,920$1,037,241
47$1,109,146$766,140$681,892$1,054,337
48$1,154,978$736,381$637,435$1,071,662
49$1,203,366$703,043$589,368$1,089,249
50$1,254,501$665,884$537,505$1,107,134
51$1,308,598$624,650$481,648$1,125,361
52$1,365,885$579,068$421,594$1,143,983
53$1,426,615$528,852$357,127$1,163,061
54$1,491,065$473,701$288,026$1,182,663
55$1,559,535$413,293$214,056$1,202,872
56$1,632,354$347,292$134,974$1,223,782
57$1,709,885$275,339$50,526$1,245,500
58$1,792,521$197,059$0$1,268,149
59$1,880,695$112,052$0$1,296,097
60$1,974,881$19,897$0$1,331,306
61$2,075,598$0$0$1,368,593
62$2,183,415$0$0$1,433,681
63$2,298,957$0$0$1,510,278
64$2,422,909$0$0$1,592,494
65$2,556,021$0$0$1,680,834
66$2,699,120$0$0$1,775,850
67$2,853,109$0$0$1,878,151
68$3,018,984$0$0$1,988,402
69$3,197,836$0$0$2,107,338
70$3,390,865$0$0$2,235,763
71$3,599,389$0$0$2,374,562
72$3,824,855$0$0$2,524,707
73$4,068,857$0$0$2,687,267
74$4,333,144$0$0$2,863,417
75$4,619,639$0$0$3,054,449
76$4,930,460$0$0$3,261,783
77$5,267,932$0$0$3,486,983
78$5,634,614$0$0$3,731,766
79$6,033,324$0$0$3,998,025
80$6,467,157$0$0$4,287,838
81$6,939,521$0$0$4,603,496
82$7,454,167$0$0$4,947,518
83$8,015,222$0$0$5,322,676
84$8,627,227$0$0$5,732,020
85$9,295,182$0$0$6,178,911
86$10,024,590$0$0$6,667,044
87$10,821,509$0$0$7,200,491
88$11,692,607$0$0$7,783,731
89$12,645,227$0$0$8,421,699
90$13,687,453$0$0$9,119,826
91$14,828,188$0$0$9,884,094
92$16,077,233$0$0$10,721,090
93$17,445,382$0$0$11,638,068
94$18,944,524$0$0$12,643,015
95$20,587,748$0$0$13,744,729
96$22,389,475$0$0$14,952,901
97$24,365,583$0$0$16,278,201
98$26,533,565$0$0$17,732,386
99$28,912,685$0$0$19,328,402
100$31,524,166$0$0$21,080,512